Member Info for dcgc

At the end of March 2025 the Directors owned a total of 6,880,000 Options,RSU`s and DSU`s . as far as I can see.

There was always going to be short term sellers around who subscribed to the placing with the intention of making a quick 20%-25% gain. Nothing unusual here. Par for the course.

These doomsters love to make a big thing out of a short term drop trying to kid there's something amiss. Ignore them.

It will have taken 6 /7 years before GGP extracts ore from Havieron and cost several hundreds of millions .Unless Wishbone can find surface gold it`s going to be a long journey . Good money has already been made here for the lucky ones who got in early.

It may be slow going for a week or two while we absorb those Canadian investors lucky enough to get in at 18p equivalent selling for a quick profit of 20-25% . This is already evident during the last 2 days as I see it.

Some good drilling results or other news would help us get over this hurdle which is only temporary as we know where this is going.

I don`t know how many shares have been placed but I imagine it would be around 10% dilution .Nothing to get very excited about and it would put us on a sound financial footing and speed up drilling on our other projects.

The Institutions were willing to pay 213.75p per share in a recent placing .This would suggest the current price looks good value.

With our economy seemingly going downward ,the pound forecast to lose ground ,gold on the rise it seems less risk investing in the likes of Greatland and OMI than investing in the UK. Greatland will become a household name for many investors now it`s getting Internationa publicity.

We have great posters on this site knowledgeable and able to keep the less informed up to date.

When you compare WSBN who as yet ,have announced no grades have a MKT CAP OF £36M compared with our MKT CAP OF £41.4M it shows you how undervalued we are. Our time will come.

Closed last night at 0.25 $CAD approx 13.5p should give us a positive start to the day but this is AIM .

On past performance I agree with you. Unfortunately times have changed. We have a Government which seems content to commit builders to expenditure such as cladding which they hold them as being responsible . We don`t have the same incentives schemes for 1st time buyers and we have higher stamp duties . On top of that margins are being squeezed due to high inflation and now it seems interest rates will hold at this level unless Rachel gets to grip on balancing the books. There is also talk of a Property tax in the next budget. You can see why sentiment is so low in this sector.

With a market Capital of £3.53bil we must surely be a candidate to join the FTSE100 .

By my interpretation of 3 months from june24th is September 24th which means we could miss by 1 week. I hope I`m wrong . Whilst it would be a disappointment to have to wait for the Dec qualification we have a lot to look forward to.

The decision to progress the Pepas discovery to an MRE stage by year end is very encouraging and shows confidence in what`s been drilled to date has every chance of being commercial.

if we can find a suitable processing plant not too distant which I believe they are looking into this would save considerable expense and time .

Exciting times ahead in my opinion especially with a market capital value under £40 mil.

Initially Telfer was only expected to produce ore for around 18 mths. Following further drilling it is now almost certain to last well past the time Havieron comes into production and hopefully contribute most of the completion costs to bring it to this stage . Telfer I`ve always seen as a bonus ,not the main prize. This contraction in the price is grossly unjustified and will eventually evaporate. I`m looking forward to the DFS to bring some sanity back into the current mood. SD has done a splendid deal ending up with both 100% of Telfer and Havieron for a knockdown price in my opinion.

I assume any surplus cash we have is being used to fund Haverion to completion sometime in 2028. Hopefully we won`t need to use the Bank facility in place should we need it. SD is covering all angles.

I read somewhere that the dividend will be adjusted to reflect the dilution.

Ex rights I should have said.

They go xd on the 8th July.

No .You still have the rights to sell or purchase the new shares at 176p

I hold this share because of the income. I wouldn`t be interested if it didn`t pay out 8% plus. Nearly all these Assurance companies pay the same sort of dividends eg Phoenix,Legal &General. Aviva has had a very good year so due to the share price going up the current yield is now under 6% .

I get my capital appreciation from other sectors of the market. I use the Assurers as cash cows. Any capital appreciation here is a bonus.